Feng Huang Wang·2025-11-28 22:41Market Performance - The US stock market experienced a rally, with the Dow Jones increasing by 0.61% to 47,716.42 points, the S&P 500 rising by 0.54% to 6,849.09 points, and the Nasdaq Composite up by 0.65% to 23,365.69 points [1][2] - For the week, the Dow Jones gained 3.18%, the S&P 500 rose by 3.73%, and the Nasdaq increased by 4.91%. However, the Nasdaq is still down 1.51% for the month, while the Dow and S&P are up 0.32% and 0.13%, respectively [2] Economic Indicators - The market rebound was largely influenced by dovish signals from John Williams, President of the New York Federal Reserve, indicating potential for interest rate cuts in the near term [2][3] - The probability of a 25 basis point rate cut by the Federal Reserve in December is now estimated at 86.9% according to the CME FedWatch Tool [2] Investor Sentiment - Investor sentiment has shifted back to risk appetite, with 80% to 85% confidence that the Federal Reserve will cut rates soon [3] - Current economic data suggests a soft landing for the US economy, contributing to the stock market's rise before Thanksgiving [3] Technology Sector - Major tech stocks showed mixed performance, with Nvidia down 1.81%, while Apple, Microsoft, Amazon, and Meta saw gains of 0.47%, 1.34%, 1.77%, and 2.26%, respectively [4][5] - The Philadelphia Semiconductor Index rose by 1.82%, with Intel experiencing a significant increase of 10.19% [5] Chinese Stocks - The Nasdaq Golden Dragon China Index increased by 0.54%, with notable gains in stocks like Bawang Chaji up 6.09% and XPeng Motors up 3.26% [6] Company News - Intel is expected to start shipping Apple's lowest-tier M processors using advanced 18AP process technology as early as Q2-Q3 2027, following improved visibility in their supply relationship [7] - Airbus has called for immediate software fixes affecting approximately 6,000 A320 series aircraft due to potential data corruption risks from solar radiation [8] - A global shortage of memory chips is intensifying, with predictions of a 50% price increase by mid-2026 due to rising demand from AI infrastructure [9] - Nearly half of Americans plan to use AI tools for holiday shopping, with predictions of a 520% increase in retail website traffic driven by AI this season [10]